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Office Unit with Large Windows
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528 S 5th Street #101, Springfield, IL 62701

Suite with direct sidewalk access, H-2 zoning, and nearby on-street metered parking.

Space Size2,340 SF
Property Size21,464 SF
Days on Market1849

Property Features for 528 S 5th Street #101

General Information

Standard status Active
Size 2,340 SF
Net Rentable 2,340 SF
Zoning H-2
Lease Type Gross

Space & Availability

Available Space 2,340 SF
Contiguous Space 2,340 SF

Building Details

Building Size 21,464 SF
Year Built 1920
Buildings 1
Listing Agency: Todd P Smith Real Estate
Listed By: Todd Smith · License #471004523
Source: Shawneehillsrealestate
Added: Aug 1, 2021 Changed: Aug 19 Last Checked: Aug 23 at 12:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Real Estate

Investment Insights

Based on property information with market context.

Suite 101 at the Edwards Building provides approximately 2,340 square feet of office space with 9-foot ceilings and large windows on two sides. Built in 1920, the building offers direct sidewalk access and a prominent setting along a major thoroughfare. H-2 zoning applies to the property.

The suite is located at 528 S 5th Street, across from the renovated Governor's Mansion and near the Y Block, a full city block of green space that hosts outdoor events. Centennial Plaza and nearby businesses including Obed & Isaac's, Springfield Carriage Co., Wm Vann's Coffee, Loukinens on 4th, and INB Bank add to the surrounding walkable environment. On-street metered parking is available in front of the building, with surface rental parking nearby.

Key Highlights

  • Approx 2340 SF in Suite 101
  • 9' ceilings and large windows on two sides
  • H‑2 zoning

Property Analytics

Current Use

Mills Law Office Law Firm Prevent Child Abuse-Illinois Social Service Agency Springfield Rentals Building Supply Illinois Democractic County County Government Office Illinois Senate Democratic Local Government Office

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Real Estate Agency Auto Parts Store HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,980
Businesses Nearby

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent

Market

Lease Benchmarks for Springfield, IL

$40.65 /SF/Yr
Avg Asking Price
$6.5–$150 /SF/Yr
Price Range
2,527 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Suite with direct sidewalk access, H-2 zoning, and nearby on-street metered parking.
Where is this office units located?
The property is located at 528 S 5th Street #101 Springfield, IL.
What are key features of this property?
This property features: Approx 2340 SF in Suite 101; 9' ceilings and large windows on two sides; H‑2 zoning
More about this property
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